Tax for many businesses purchasing property will be cut, the Treasury said, as it announced changes to commercial property stamp duty in today’s Budget.

Radical changes to ISAs have been announced as one of the major headlines in the Budget today.

Plans for a “single clear definition of financial advice” have been outlined in the Budget today.

A new pensions body is to be created as a part of a shake up that includes creating a ‘slimmer’ Money Advice Service.

Chancellor Osborne will raise the higher rate threshold by more than expected from £42,385 to £45,000 from April 2017.

The new Lifetime ISA could be used for “other specific life events” apart from buying a first home and for retirement. Read more ...

Chancellor George Osborne, in an annual Budget ritual, announced a series of measures to crackdown on both large and small tax loopholes. Read more ...

The Lifetime ISA has been attacked as a ‘gimmick’ and a ‘competitor’ to pensions - less than two hours after it was revealed.

Tax-cutting measures to boost enterprise and company investment were high on Mr Osborne’s priority list in this year’s Budget.

The Chancellor has warned of a “dangerous cocktail of risks” facing the world economy.

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Tagged under #Budget 2016